Gail (25
Oct 2011)"It's no Marshall Plan. The
future of Arab revolt is the European Neighborhood
Policy, and the currency will be Carbon Based"

Mideast
power brokers call for "Marshall Plan" after unrest

–
Sat, Oct 22, 2011

DEAD
SEA, Jordan(Reuters)
- Arab politicians and
financiers at theWorld
Economic Forum
in
Jordancalled
on Saturday for ahuge
injectionof
cash to narrow the
inequalities that led to
the Arab Spring revolts
against authoritarian
regimes across the
region.

Senior figures said a
home-grown version ofthe Marshall Planwas needed in the
wake of the revolts, which have raised
people's hopes for swift economic
improvements afterdecades of corruption
and mismanagement.

Under the Marshall Plan,
large sums flowed into Western Europe to
rebuild the continent, restore
productivity and prevent U.S. allies
from falling under the Soviet sphere of
influence.

"I am afraid that Arab
Spring could turn into an autumn if the
issue of social justice is not achieved.
A Marshall Plan is needed," said Hassan
al-Boraei, Egypt's labor minister.

"The old model of
relying on state employment and big
projects is no longer viable," Boraei
said, adding that Egypt needed to find
jobs for 950,000 people entering the
workforce annually, with unemployment
running at 12-17 percent.

"If the Arab Spring
hopes to achieve anything it is to
attain good
governance.This does not
necessitate only democracy and freedom
but social justice, meaning economic
policies that meet popular aspirations,"
said Arab League Secretary General Nabil
Elaraby.

Prominent banker
Ibrahim Dabdoub said the proposed "Arab
Marshall Plan" could be funded byGulf
petrodollarsand regional development
banks, as there is little hope for major
funding from Western nations dealing
with their own economic trouble.

"This region needs
85 million jobs ... and a Marshall Plan
with the help of the World Bank and the
International Monetary Fund has become a
pre-requisite of development," said
Dabdoub, a Palestinian who heads the
National Bank of Kuwait, the country's
biggest lender.

Libya's Prime Minister
Mahmoud Jibril was more skeptical
about whether money alone would
improve the region's lot, saying"the problem of
the Arab world is not a question of
money but the
management of money."

Making a keynote speech
at the conference,Qatar'sPrime
Minister Sheikh Hamad al-Thanisaid economic models
had only benefited ruling classes and
their cohorts, sparking the Arab Spring.

Qatar, an absolute
monarchy with one of the world's highest
per capita incomes, has played an
international role beyond its tiny size
by virtue of its natural gas wealth and
ownership of the satellite al-Jazeera
channel.

Al-Thani did not address
the issue of funding but saidArab economic
policies that rely on attracting
investment in tourism and real
estate while ignoring corruption and
the need to raise productivity and
education standards have largely
failed.

From my
Oct.12th post-

Here's
the Platform that the AntiMessiah
confirms with the many-Daniel
9:27, And he shall confirm the
covenant with many for one week: and
in the midst of the week he shall
cause the sacrifice and the oblation
to cease, and for the overspreading
of abominations he shall make it
desolate, even until the
consummation, and that determined
shall be poured upon the desolate.
-

'the EU gets it's 'chance
to shine'

08/22/11

This
is a chance for Europe to shine," said one
EU diplomat. "We have a really good story
to tell in terms of… contingency planning."
the EU has significant funds at its
disposal.

In May, the
EU bolstered a pot of funds available for
its neighbors who are moving toward
democracy. That facility currently totals
around seven billion euros, all of which
could be spent between now and 2013.

Tunisia and Egypt are
already receiving funds from the European
Neighborhood Policy.

BEIRUT – Libya’s new leaders declared their
nation “liberated” on Sunday, paving the way for
elections and a constitution that the
revolutionary government says will put the
country on a path to its first representative
democracy.

The long-awaited pronouncementcame
with a heavy dose of Islamist sentiment,
as Mustafa Abdul-Jalil, leader of the
transitional government, embraced the
Muslim code known as Shariah as a foundation
for future legislation.

SOUTHERN
SHUNEH, Jordan — Jordan’s King Abdullah on
Saturday urged Israel and the Palestinians
to look to the Arab Spring uprisings for
inspiration and to restart their stalled
peace talks.

"The future for the Middle
East and beyond is with the normalcy
of peace," Abdullah told the opening
of a two-day special meeting of the
Davos-based World Economic Forum,
held on the shores of the Dead Sea,
the lowest point on earth.

Also at the gathering in Jordan, Libya's
acting Prime Minister Mahmoud Jibril said his country has used 62
percent of its oil resources under deposed
Moammar Gadhafi.

"We only have 32
percent left," he told the AP.

"We have to look for other sources of
income in the next 20 years," he said. "The
time is limited and it's very critical.
Therefore, we have to utilize it well to
look for other alternatives."

Charles to tour Gulf Oct. 13,2011

Prince Charlesis to embark on a tour of the Gulf to
recognise the changes brought about by the
Arab Spring uprising. The 10-day trip starts
with the Gulf visit at the end of the month.

And Harold Camping isn't the only
one warning of an Apocalyptic demise:

Britain can’t
save Europe, but we might still save
ourselves

19Oct 2011

The eurozone debt crisis
is beyond the Continent’s leaders. Chancellor
George Osborne needs to prepare for the worst.

It has been
another week of apocalyptic
warnings and high drama. “Time is
running out,” said Sir Mervyn
King, the Governor of the Bank of
England, even as Nicolas
Sarkozy, the French president,
warned that talks aimed at dousing
the eurozone flames had broken down.

Oct. 24 (Bloomberg) --
European leaders reached the halfway
mark of their marathon to end the debt
crisis, outlining plans to aid banks and
ruling out tapping the European Central
Bank’s balance sheet to boost the
region’s rescue fund.

The complete blueprint
won’t come together until a summit in
two days (Wednesday Oct.26),
giving German Chancellor Angela Merkel
time to go back to Berlin to brief her
lawmakers and seek their approval for
the next steps. Like yesterday, it will
start with all 27 EU leaders before the
17 heads of euro economies gather on
their own.

“Work is going well on
the banks, and on the fund and the
possibilities of using the fund, the
options are converging,” French
President Nicolas Sarkozy told reporters
at the Brussels summit yesterday. “On
the question of Greece, things are
moving along. We’re not there yet.”

Expressing concern over
the potential impact on their nations,
world leaders including President Barack
Obama and Chinese Premier Wen Jiabao
have stepped up calls for Europe to
defuse the risk to the global economy.

China is ready
to cooperate with the EU on
investment, finance and trade,
Jiang Yu, a Foreign Ministry
spokeswoman, told reporters in Beijing
today.

“We believe the
difficulties of the European countries
are temporary and we have faith in the
fact that they will be able to join
their hands in tackling the financing
crisis,” Jiang said.

European Stocks
Rise on China Growth

- Oct 24,
2011

European
stocks climbed for a second
day as signs of stronger
growth in China and Japan
outweighed a selloff in Greek
lenders after a meeting of
euro-area leaders discussed
the region’s debt crisis.

Does it all hinge
on China and those BRIC Nations?

Let's hope there
are no Major Quakes and Tsunamis
near the Malacca Straits.

Note:
Circles represent millions of
barrels per day transported
through each chokepoint

The Strait
of Malacca, located between
Indonesia, Malaysia, and Singapore,
links the Indian Ocean to the South
China Sea and Pacific
Ocean. Malacca is the shortest
sea route between Persian Gulf
suppliers and the Asian markets.
It is the key chokepoint in Asia
with an estimated 13.6 million
bbl/d flow in 2009.